Short Interest in Vinci SA (OTCMKTS:VCISY) Rises By 150.0%

Vinci SA (OTCMKTS:VCISY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 47,500 shares, an increase of 150.0% from the December 15th total of 19,000 shares. Based on an average daily trading volume, of 634,800 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded Vinci to a “moderate buy” rating in a report on Tuesday, November 12th.

Vinci Stock Up 0.7 %

OTCMKTS VCISY opened at $25.54 on Wednesday. Vinci has a 12 month low of $25.08 and a 12 month high of $32.82. The firm’s fifty day moving average price is $26.01 and its 200 day moving average price is $27.92.

About Vinci

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.